The markets have so far this quarter played out much as Synthetic Systems has been projecting since the 2020.75 update over a year ago. The recent weakness in stocks and industrial commodities, along with the bullish trend in bonds and gold, started in mid October versus the projection of early October.

I expect this to continue to be case; that is, that markets will continue to closely track SS projections.  In particular, I do not think this is the beginning of a major bear market in stocks.  That will have to wait until next year.  As I commented at the beginning of October in Market Update, the current volatility is expected to be a passing squall.

Synthetic Systems 2021.75